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It's The Economy, Stupid

David Campbell – A blog about economic development in Atlantic Canada

Month: January 2014

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The art of decoupling: NB edition

Posted on January 26, 2014 by David Campbell

Some people seem to have a hard time differentiating between national and global issues and New Brunswick-specific issues. I say we need a moderate level of GDP and population growth to stabilize our fiscal situation and ensure we have the…

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Immigration and the end of the NB slump

Posted on January 23, 2014 by David Campbell

From my TJ column on Wednesday and by popular demand: New Brunswick needs new sources of economic growth.  I contend that expanding immigration could be an important source of much needed new economic activity. However, I am told the federal…

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Profs on strike: A nice dilemma

Posted on January 22, 2014 by David Campbell

You may or may not be surprised to know that at least a half dozen people have asked me to comment on the UNB strike.  I have resisted because a) I know a pile of profs and may not be…

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Moncton 2030: Drones, driverless trucks and political primacy

Posted on January 20, 2014 by David Campbell

One of the things that was missing from the 2014 Economic Summit compared to 1994’s version was the lack of futurist/future thinking. That was deliberate as the goals of the summit were to rally the stakeholders around a shared model…

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Trevor MacAusland: Right place, right time?

Posted on January 20, 2014 by David Campbell

The Economist magazine has an excellent primer this week on the start-up revolution and why this time is different from the Dot.Com boom of the late 199os.  One of the articles is on the importance of accelerators – a space in…

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Confessions of a proud herring choker

Posted on January 19, 2014 by David Campbell

My mother tells me her uncle used to make fun of New Brunswickers.  He was from Nova Scotia and was a ‘bluenoser’ while New Brunswickers were ‘herring chokers’ (pronounced ‘heron chokers’).  I googled this term and sure enough, my great…

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Deeper dive need: Growth from within

Posted on January 19, 2014 by David Campbell

At the Greater Moncton Economic Summit a number of speakers reiterated the now well worn refrain about “growth from within”.  “Eighty percent of all new jobs come from within and not by attracting industry”.  This or some variance is widely…

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What government should want from economic development (wonkish)

Posted on January 10, 2014 by David Campbell

I recently read a report written by a respected consulting firm in the Maritimes where it discussed the leverage ratio of government investment in a sector to the amount of GDP created.  It concluded the $100 million+ invested by government…

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The elephants in the room (s)

Posted on January 8, 2014 by David Campbell

Another dire warning in the TJ this morning from a political commentator out of Nova Scotia.  He claims if we (in the Maritimes) don’t do something fast  on the economic front  ……. we are headed for disaster. If you have read this…

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Is manufacturing making a comeback?

Posted on January 7, 2014 by David Campbell

From a recent TJ column: According to Statistics Canada, manufacturing sales in New Brunswick were up 7.7 per cent to $1.9 billion in October, the highest level on record. Compared to September, sales rose in 16 of 21 industries. Compared…

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